other_material
confidence high
sentiment positive
materiality 0.60
Energy Vault wins 75 MW/300 MWh BESS contract from Consumers Energy in Michigan
Energy Vault Holdings, Inc.
- Two BESS projects: 45 MW/180 MWh Weadock in Hampton Twp. and 30 MW/120 MWh Iosco in Oscoda Twp.
- Battery deliveries Q4 2025, construction Q1 2026, commercial operation by Q4 2026.
- Contract marks Energy Vault's expansion into Eastern U.S. utility market via Michigan's largest energy provider.
- B-VAULT portfolio now exceeds 2 GWh in total projects deployed or in development globally.
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